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TFC Commodity Trading Forum

Re: weather February 20-27th/CJ
In Response To: weather February 20-27th ()

Hi CeeJay,
Thanks for the update !!

I'll have to stew on this a bit. I may have lost track a little ???

Coming weeks report would be based on EIA Dipstick reading of Fri. 2/10, reflecting consumption for 2/3 thru 2/9. I have lost track of weather covering that period, have to look back !!??? I think it was still pretty mild ????

Not sure about current "storage movements" but I don't see any signs of the "production cutbacks" that traders seem to be "anxiously waiting for" beyond the initial CHK reduction.

Price seems to have settled into that 2.47 area for a bit.
Tonight's trading may provide a clue, but most likely when the estimates start coming out tomorrow.

Also found CO's observations on the COT data interesting. if there is a change in the wind, I don't want to be on the wrong side of it

For my nickle, Price could well fall into "Trade's Handbasket" before it's over !!!
Good Luck,
Thanks, Lee